COINOTAG News, citing Coinglass data, indicates that Ethereum breaking through $3100 could trigger a surge in short liquidations across mainstream CEXs, with a projected exposure of $905 million. The development underscores evolving liquidity risk dynamics as price tests a key level.
By contrast, a move below $2900 may unleash a pronounced long liquidation wave, estimated at $674 million on major exchanges. This scenario highlights potential downside pressure as leveraged bets unwind and liquidity depth shifts across venues.
Note: COINOTAG clarifies that the liquidation chart measures relative intensity, not exact counts. Higher liquidation bars imply a stronger price reaction when those levels are reached, a critical input for risk management and hedging strategies in crypto markets.
Source: https://en.coinotag.com/breakingnews/ethereum-breaks-through-3100-could-trigger-905m-short-liquidations-across-major-cexs-falls-below-2900-could-spark-674m-long-liquidations
